Malangco
ActiveSummary
Malangco has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €92k and a net result of €-4k. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 94% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability14▼-86
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 17.68 against 6.14 in 2023; short-term debt: 5.6% and cash: 73.5% of total assets), and 5.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
94.4%
Return on assets
-3.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
20 d late
2023
6 d early
2022
3 d early
2021
30 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€92k▼ 3.7%
2023 · €96k
2021: €67k
2022: €66k▼ -1.0% vs 2021lowest in 4 years
2023: €96k▲ +44.5% vs 2022highest in 4 years
2024: €92k▼ -3.7% vs 2023
2021 → 2024
Total assets
€98k▼ 14.3%
2023 · €114k
2021: €89klowest in 4 years
2022: €92k▲ +3.8% vs 2021
2023: €114k▲ +23.3% vs 2022highest in 4 years
2024: €98k▼ -14.3% vs 2023
2021 → 2024
Net result
€-4k
2023 · €29k
2021: €60khighest in 4 years
2022: €-673▼ -101% vs 2021
2023: €29k▲ +4478% vs 2022
2024: €-4k▼ -112% vs 2023lowest in 4 years
2021 → 2024
Working capital
€92k▼ 2.4%
2023 · €94k
2021: €63klowest in 4 years
2022: €64k▲ +0.9% vs 2021
2023: €94k▲ +48.3% vs 2022highest in 4 years
2024: €92k▼ -2.4% vs 2023
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€67k-€66k▼ 1.0%€96k▲ 44.5%€92k▼ 3.7%
2021: €67k
2022: €66k▼ -1.0% vs 2021lowest in 4 years
2023: €96k▲ +44.5% vs 2022highest in 4 years
2024: €92k▼ -3.7% vs 2023
Operating result€82k-€-481€41k€-3k
2021: €82khighest in 4 years
2022: €-481▼ -101% vs 2021
2023: €41k▲ +8683% vs 2022
2024: €-3k▼ -108% vs 2023lowest in 4 years
Net result€60k-€-673€29k€-4k
2021: €60khighest in 4 years
2022: €-673▼ -101% vs 2021
2023: €29k▲ +4478% vs 2022
2024: €-4k▼ -112% vs 2023lowest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €3k after €41k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €98k
Fixed assets
€105 ▼ 92.3%
Current assets
€98k ▼ 13.4%
Equity and liabilities €98k
Equity
€92k ▼ 3.7%
Debt
€6k ▼ 69.9%
Debt's share of the balance-sheet total falls from 16.1% to 5.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-2k▼
2023 · €43k
Cash flow
€-2k▼
2023 · €31k
Current ratio
17.68▲
2023 · 6.14
Debt to equity
0.06▼
2023 · 0.19
ROE
-3.8%▼
2023 · 30.8%
ROA
-3.6%▼
2023 · 25.8%
Interest coverage
-11.79▼
2023 · 505.76
Debt ≤ 1 year
€6k▼
2023 · €18k
Income taxes
€167▼
2023 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€114k€98k▼
Fixed assets21/28€1k€105▼
Tangible fixed assets22/27€1k€105▼
Furniture and vehicles24€1k€105▼
Current assets29/58€113k€98k▼
Amounts receivable within one year40/41€16k€25k▲
Trade receivables40€13k€15k▲
Other amounts receivable41€3k€10k▲
Cash at bank and in hand54/58€96k€72k▼
Deferred charges and accrued income490/1€45€1k▲
Equity and liabilities
Total equity and liabilities10/49€114k€98k▼
Equity10/15€96k€92k▼
Contributions10/11€7k€7k=
Reserves13€89k€88k▼
Distributable reserves133€89k€88k▼
Profit (loss) carried forward14-€-3k
Amounts payable17/49€18k€6k▼
Amounts payable within one year42/48€18k€6k▼
Trade debts44€85€0▼
Suppliers440/4€85€0▼
Taxes, remuneration and social security45€18k€3k▼
Taxes450/3€18k€3k▼
Other amounts payable47/48-€3k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€575€555▼
Gross operating margin9900€43k€-1k▼
Operating profit (loss)9901€41k€-3k▼
Financial charges65/66B€84€164▲
Recurring financial charges65€84€164▲
Profit (loss) for the period before taxes9903€41k€-3k▼
Income taxes67/77€12k€167▼
Profit (loss) for the period9904€29k€-4k▼
Profit (loss) for the period to be appropriated9905€29k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€-4k▼
Transfer from equity791/2-€631
Transfer to equity691/2€29k€0▼
To other reserves6921€29k€0▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €1k | €1k | €1k | = |
| Other operating charges640/8 | €1k | €528 | €575 | €555 | ▼ 3.6% |
| Gross operating margin9900 | €86k | €1k | €43k | €-1k | ▼ 103% |
| Operating profit (loss)9901 | €82k | €-481 | €41k | €-3k | ▼ 108% |
| Financial charges65/66B | €103 | €40 | €84 | €164 | ▲ 95.1% |
| Recurring financial charges65 | €103 | €40 | €84 | €164 | ▲ 95.1% |
| Profit (loss) for the period before taxes9903 | €82k | €-520 | €41k | €-3k | ▼ 108% |
| Income taxes67/77 | €22k | €152 | €12k | €167 | ▼ 98.6% |
| Profit (loss) for the period9904 | €60k | €-673 | €29k | €-4k | ▼ 112% |
| Profit (loss) for the period to be appropriated9905 | €60k | €-673 | €29k | €-4k | ▼ 112% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €89k | €92k | €114k | €98k | ▼ 14.3% |
| Fixed assets21/28 | €4k | €3k | €1k | €105 | ▼ 92.3% |
| Tangible fixed assets22/27 | €4k | €3k | €1k | €105 | ▼ 92.3% |
| Furniture and vehicles24 | €4k | €3k | €1k | €105 | ▼ 92.3% |
| Current assets29/58 | €85k | €90k | €113k | €98k | ▼ 13.4% |
| Amounts receivable within one year40/41 | €4k | €25k | €16k | €25k | ▲ 52.5% |
| Trade receivables40 | €390 | €21k | €13k | €15k | ▲ 11.4% |
| Other amounts receivable41 | €4k | €3k | €3k | €10k | ▲ 244% |
| Cash at bank and in hand54/58 | €81k | €65k | €96k | €72k | ▼ 25.5% |
| Deferred charges and accrued income490/1 | €42 | €48 | €45 | €1k | ▲ 2,247% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €89k | €92k | €114k | €98k | ▼ 14.3% |
| Equity10/15 | €67k | €66k | €96k | €92k | ▼ 3.7% |
| Contributions10/11 | €7k | €7k | €7k | €7k | = |
| Reserves13 | €60k | €59k | €89k | €88k | ▼ 0.7% |
| Distributable reserves133 | €60k | €59k | €89k | €88k | ▼ 0.7% |
| Profit (loss) carried forward14 | - | - | - | €-3k | - |
| Amounts payable17/49 | €22k | €26k | €18k | €6k | ▼ 69.9% |
| Amounts payable within one year42/48 | €22k | €26k | €18k | €6k | ▼ 69.9% |
| Trade debts44 | - | €23k | €85 | €0 | ▼ 100% |
| Suppliers440/4 | - | €23k | €85 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €22k | €3k | €18k | €3k | ▼ 83.6% |
| Taxes450/3 | €22k | €3k | €18k | €3k | ▼ 83.6% |
| Other amounts payable47/48 | - | - | - | €3k | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €60k | €-673 | €29k | €-4k | ▼ 112% |
| + Depreciation and write-downs630 | €2k | €1k | €1k | €1k | = |
| Operating cash flow (approximation) | €62k | €589 | €31k | €-2k | ▼ 107% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | €-16k | €31k | €-25k | ▼ 178% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 17.68
Current ratio from 6.14 to 17.68; short-term debt falls from €18k to €6k.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2020
Ground area
338 m²
Building footprint
81 m²
Volume, LiDAR
629 m³
Parcel 24126A0326/00Z002, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Malangco
since 20202.298.476.465
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24126A0326/00Z002 | Flanders | 338 m² | 1 · 81 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
NAEGO
BE 0794.764.847
Chastre · Eq €92,092
Cucurb IT
BE 0701.710.767
Jabbeke · Eq €92,069
Commodum
BE 0758.762.506
Sint-Gillis (bij-Brussel) · Eq €92,140
SYNAPSE CONSULTING
BE 0838.024.273
Watermaal-Bosvoorde · Eq €92,046
CTRL-T
BE 0713.676.015
La Louvière · Eq €92,167
Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,590 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.